Great Depression II
The economic news is so depressing, there's nothing to do except to feel gratitude, that it isn't the worst yet. Millions of jobs lost are so much more in magnitude than the fact that during the Great Depression, 25% of the population were unemployed, because the population at that time was smaller.
The population of the United States was 123 million, which means that a 25% unemployment rate is equivalent to 30 million people. Now, we have a population of 317 million people, meaning that a 10% unemployment rate is over the total number of people ever unemployed in the Great Depression.
Ladies and Gentlemen, welcome to the Depression. It may not be called that now, but it will be called that by future historians who must acknowledge the long decline of the American Empire. Even if businesses pick up, we have already so destroyed small businesses it is highly unlikely we will succeed in halving the number of unemployed anytime soon.
Thirty-one million people should be enough to rise up against the bankers and the government, and yet they stay silent because they are sucking off the teats of unemployment benefits. I don't know any other reason, other than the Americans continue to retain their absolute faith that the beloved Constitution will fix everything, that like in the Great Depression before, we will pull through as long as we help each other.
The population of the United States was 123 million, which means that a 25% unemployment rate is equivalent to 30 million people. Now, we have a population of 317 million people, meaning that a 10% unemployment rate is over the total number of people ever unemployed in the Great Depression.
Ladies and Gentlemen, welcome to the Depression. It may not be called that now, but it will be called that by future historians who must acknowledge the long decline of the American Empire. Even if businesses pick up, we have already so destroyed small businesses it is highly unlikely we will succeed in halving the number of unemployed anytime soon.
Thirty-one million people should be enough to rise up against the bankers and the government, and yet they stay silent because they are sucking off the teats of unemployment benefits. I don't know any other reason, other than the Americans continue to retain their absolute faith that the beloved Constitution will fix everything, that like in the Great Depression before, we will pull through as long as we help each other.
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